GDEV Inc.

Hello, everyone, and welcome to the Nexters Inc. Second Quarter 2021 Conference Call. On the call today, we have Andrei Fadeev, our Chief Executive Officer, Aleksandr Karavaev, our Chief Financial Officer, and Anton Reinhold, our Chief Operating Officer. A press release containing our second quarter results was issued earlier today, and a copy may be obtained through our website, investor.nexters.com. Now, I will quickly walk you through the safe harbor statements. Today's discussion will contain forward-looking statements. Actual results may differ materially from the results predicted or implied by such statements, and forward-looking statements may today speak only to our expectations as of today. We undertake no obligation to publicly update or revise these statements. For a discussion of some of the risk factors that could cause actual results to differ, please see the risk factor section in our registration statements of Form F-1 filed with the U.S. Security and Exchange Commission today. During this call, we'll be referring to some non-IFRS financial measures. These non-IFRS financial measures are not prepared in accordance with IFRS. Reconciliation of the non-IFRS financial measures in the earning press list in the slide presentation to the most directly comparable IFRS measures is provided in the slide presentation we issued today and will be available on our website at investor.nexters.ru. Now I will turn the call over to Andrey to make quick opening remarks. Please go ahead.

Thank you, Roman, and hello to everyone. I would like to start by taking a moment to welcome our newest shareholders and to thank the Kismet team for their partnership and support. Thank you, our current and future shareholders. Becoming a public company is an important milestone as it provides us with the instruments and access to the resources we need to reach our strategic goals of further organic growth and consolidating the gaming industry. As you can imagine, a lot of effort, time, and energy of our management team and the company overall were put into the IPO process, and we are happy to achieve this important milestone. In Q2, we've significantly accelerated the growth of our business officially released our new title, Chibi Island, and we are strongly optimistic about our position and ability to execute on our long-term growth strategy. To sum up, we are very happy to kick off our public life with this strong set of quarterly results and excited about the opportunities ahead of us. Now, I will turn it to Alexander to walk you through the key highlights of the second quarter.

Thank you, Andrei, and thanks again, everyone, for joining us. I'm glad to provide our inaugural quarterly financial update for our current and future investors. You may refer to page six of our presentation, and first of all, I'm very pleased with our results for the second quarter. We managed to grow our booking by an impressive 40% to reach $154 million year-over-year and 36% sequentially over the very strong Q1. And this growth was driven by organic developments entirely. And this was achieved even in light of a very strong growth in the second quarter of last year. I'm incredibly proud of our teams for this outstanding performance driving growth we experienced this quarter. As a result, in the second quarter, we became, we believe, the fastest growing public mobile gaming company in the world in terms of bookings growth. The second quarter was also an all-time high for us in terms of the investments in the user acquisitions. as we saw a great opportunity to acquire high-quality cohorts with a shorter expected payback period compared to the end of 2020. Growth of other general administrative costs were largely associated with growth of headcount by more than 60%, driven by substantial growth of our operations. An increase in costs associated with us being a public company now, of which a certain portion will be a non-recurring expense. And the difference between bookings and the adjusted cost and expenses, which is considered to be a widely accepted measure for profitability in the gaming industry, has declined year over year for the sake of our future growth. On the next slide, we present the split of the bookings by the platform, and we are pleased to have achieved remarkable growth in mobile, despite all the turbulence caused by the new IDFA regulations. as we have basically increased the consumer acquisition spending both on Android and especially on iOS. The desktop version of Hero Wars has seen even higher growth rates and now already accounts for almost a third of our total bookings. The desktop game is also fairly important, very different from the mobile version and provides even higher ivory checks compared to mobiles. From a geographical perspective, we've seen a good traction across all our regions, but in Asia, the growth was especially strong. This year, we decided to make a special focus in terms of user acquisition in this region, and as a result, we more than doubled our bookings there. Just to sum it up, we see really a lot of opportunities across all of our platforms and geographies, and believe there is still a considerable room for further growth. With that, I would like to turn the call over to Anton to talk through our operational performance. Anton?